Nevada Medical Cannabis News
A former Republican Michigan House speaker accepted more than $100,000 in bribes from would-be cannabis business operators in exchange for help in obtaining licenses, federal prosecutors said Thursday.
The U.S. Securities and Exchange Commission has charged Nevada-based cannabis company American Patriot Brands with fraud in a “long-running scheme” in which the company raised more than $30 million from investors.
Nevada marijuana consumers spent $965.1 million on adult-use and medical cannabis between July 1, 2021, and June 30, 2022, a 3.8% decline from the previous-year period.
The Las Vegas City Council on Wednesday approved regulations for cannabis consumption lounges in one of the industry’s most-watched markets for cannatourism and hospitality innovation.
California-based marijuana multistate operator MedMen Enterprises has hired ATB Capital Markets to review and potentially help the company divest assets in three states.
Native American tribes throughout the United States are investing in cannabis.
With the start of a new year, cannabis companies across the country are tweaking their business models to meet changing laws and regulations that could affect sales and how they run their operations.
